A loan of $1,050 helped a member to buy necklaces.


Sabougnouma Group's story

The women of the Sabougnouma group have an average age of 36 and, on average, 5 children. They all live in traditional extended families in Lafiabougou in the town of San/Segou (the 4th administrative region of the Republic of Mali). The women got to know each other via family relationships and they buy and sell various products. Having correctly repaid their previous loans, the women of the Sabougnouma group are on their 6th group loan.

Mamou, the woman standing on the far right in the picture, plans to use her loan to buy 50 rubber necklaces, 30 aluminium necklaces and 15 silver necklaces. She gets her supplies locally. She makes her sales, often on credit, to a retail clientèle made up of women and men. She expects to make an average monthly profit of 25 000 francs, some of which will be spent on healthcare, food, lodging and education, and the rest of which will be reinvested in her business.

In this group: Mamou, Tenin , Kadia, Sitan , Sali
*not pictured

Translated from French by Kiva volunteer



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